LONDON / AGILITYPR.NEWS / February 23, 2026 / Gold has nearly doubled since Paris 2024, while silver has surged 163% in precious metals rally

As British athletes notch up three gold medals at the Milano Cortina Winter Olympics, analysis from Solomon Global reveals that the solid-gold equivalent of an Olympic medal has risen £29,764 in under two years.

Olympic ‘gold’ medals are, in fact, primarily made of silver. Each contains 500 grams[1] of the precious metal and just six grams of gold plating[2]. Despite the small gold content, the surge in the prices of both metals means the medals’ melt value is significant and has increased substantially since the last Games. Using the spot prices from the start of the Milano Cortina Winter Olympics, the metal content of a gold medal is worth approximately £1,625.57[3] - £921.66 more than its value at the Paris 2024 Olympics just 19 months ago and £1,096.87 more than at the Beijing Winter Olympics of 2022.

According to gold and silver bullion supplier Solomon Global, since the last Games commenced on 26 July 2024, the gold spot price has risen by £1,829.35 per troy ounce, representing a 99% increase[4]. Meanwhile, silver has surged 163%, amplifying the melt value of the medals even further. Whilst a fraction of the £59,716 price tag if all 506 grams were pure gold, the increase is material and highlights the rapid appreciation of both precious metals.

In total, 245 gold, 245 silver, and 245 bronze medals will be awarded in 195 events during the Olympic Winter Games, and 137 gold, 137 silver, and 137 bronze medals will be awarded during the Paralympic Winter Games, bringing the total to 1146 medals. If all the ‘golds’ were made entirely from the pure metal, their total value would exceed a whopping £22.8 million based on the spot price at the start of the Games. In reality, the total comes in at a comparatively conservative £620,968.

“These figures highlight the value of gold in its pure form. However, the real ‘worth’ of Team GB’s three medals goes far beyond their metal content,” said Paul Williams, managing director of Solomon Global. “The sentimental, historical and collectable value can be many multiples higher, a phenomenon we also see with numerous bullion coins we supply. Nowhere are these intangible factors more evident than with one of Jesse Owens’ 1936 Berlin Olympics gold medals, which sold for $1.47 million back in 2013, at a time when gold was less than a quarter of its current price.”

For more information about Solomon Global's products and services, visit the website at https://solomon-global.com.

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NOTES TO EDITORS

Solomon Global specialises in the secure delivery of physical gold and silver in bar and coin form for private ownership. The company takes a uniquely consultative approach to purchasing and selling physical gold and silver, regardless of the investment amount. Its simple and tailored strategy is designed to work with beginners and experienced investors alike.

Solomon Global’s team of experienced gold and silver consultants are always available to discuss the practical solutions and tax advantages for clients purchasing gold and silver bullion in the UK and assist with any inquiries.

Solomon Global was awarded ‘Best Alternative Asset Provider 2025’ and ‘Most Trusted UK Bullion Supplier 2025’ at the London Investor Show Awards 2025, 'Best UK Gold Bullion Dealer' at the ADVFN International Financial Awards 2025, and ‘Most Trusted UK Gold Bullion Supplier 2024’ at The London Investor Show Awards 2024.

For any questions about buying or selling gold and silver, contact the team here: https://solomon-global.com/contact/ 

For further press information, please contact: Francesca De Franco on 0794 125 3135 or email fdefranco1@gmail.com

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[1] 500g is approximately 16.08 Troy oz; 506g is approximately 16.27 Troy oz

[2] https://www.olympics.com/en/milano-cortina-2026/news/milano-cortina-2026-reveals-medals-olympic-paralympic-winter-games

[3] 500g of silver: £917.20; 6g of gold: £708.37 = £1,625.57

[4] Price of gold on February 6^th, 2026, was £3,670.32 according to www.theroyalmint.com

[5] Disclaimer: This press release is for informational purposes only and does not constitute financial advice. Buying physical gold and silver as an investment involves risk, as the value of precious metal prices can be volatile. Historical financial performance does not necessarily give a guide of future financial performance. We recommend that you conduct your own independent research and seek professional tax, legal and financial advice before making any investment decisions.